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According to the IRS, this is what the cycle code means:

  • 2020 Year
  • 05 is the IRS cycle week (5th week of filing season- when the IRS started accepting returns). 
  • 05 is the processing day of the week  (Thursday in your case)

 

 

Cycle Code Ending in 01= Friday
Cycle Code Ending in 02= Monday
Cycle Code Ending in 03= Tuesday
Cycle Code Ending in 04= Wednesday
Cycle Code Ending in 05= Thursday

 

So you should see a refund on or around 2/27/2020.